Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter30: Government Budgets And Fiscal Policy
Section: Chapter Questions
Problem 38CTQ: Why is spending by the U.S. government on scientific research at NASA fiscal policy while spending...
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![Question 17/28
> NEXT
A BOOKMARK
17
The two largest areas of federal spending which impact the U.S. budget are
Total Federal Spending 2015: $3.8 Trillion
Housing &
Community
$61.5 billion - 2%
Energy &
Environment
$50.2 billion - 19% 48 bilion-1%
International Affairs
Science
$29.8 billion - 1%
Transportation,
$85 billion - 2%
Education
$102.3 bilion - 3%.
Social Security
Unemployment
Labor
L$1.275.7 bilion -33%
Food & Agriculture.
$135.7 biion 4%
Veterans Benefits,
$160.6 billion-4%
Interest on Debt
$229.2 bilion -6%
Miltary
S609.3 bilion - 16%
Medicare & Health
$1.051.8 billion-27%
PRIORITIES nationalpriotes.org
A Medicare and Veteran Affairs
B Social Security and Interest on the debt
C Defense and Education
Medicare and Social Security
DELL](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8fef71c1-76b5-443f-adfa-63cd33ba805b%2F922c5456-84ae-491a-8fa4-6ad547a0716f%2F3jmzblp_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Question 17/28
> NEXT
A BOOKMARK
17
The two largest areas of federal spending which impact the U.S. budget are
Total Federal Spending 2015: $3.8 Trillion
Housing &
Community
$61.5 billion - 2%
Energy &
Environment
$50.2 billion - 19% 48 bilion-1%
International Affairs
Science
$29.8 billion - 1%
Transportation,
$85 billion - 2%
Education
$102.3 bilion - 3%.
Social Security
Unemployment
Labor
L$1.275.7 bilion -33%
Food & Agriculture.
$135.7 biion 4%
Veterans Benefits,
$160.6 billion-4%
Interest on Debt
$229.2 bilion -6%
Miltary
S609.3 bilion - 16%
Medicare & Health
$1.051.8 billion-27%
PRIORITIES nationalpriotes.org
A Medicare and Veteran Affairs
B Social Security and Interest on the debt
C Defense and Education
Medicare and Social Security
DELL
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